2255 E 24TH AVE, Vancouver BC V5N 2V3, Vancouver, BC

$6,650,000
Est. Mortgage /mo

MLS® R2996755

$6,650,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
1 Baths
2 Stories
lot 6955 sqft
1080 sqft
1964 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Rare investment opportunity to acquire 7 lots (37,415 SF) with a further possibility to obtain 2 vacant city lots (12,565 SF) totaling almost 50,000 SF (49,980 SF) and 1.15 acres. This T.O.D. ( Transit Oriented Development) is approximately within the city's 200 meter requirement for a higher density development of a potential 30 storey and 5.0 FSR development. This development site is a short walk to the Nanaimo Street Skytrain station, and only a 12 minute train ride commute to downtown as well as a breathtaking 360 degree Panoramic city and mountain views. Land assembly includes 2219, 2231, 2235, 2240 E. 24th as well as 2246 & 2256 Vaness Avenue

General Info

Price $6,650,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1080
Lot Size 6955
Lot Size Depth Feet
Lot Size Frontage 0
Basement Partial
Basement Features BasementFeatures

Property Metrics

Year Built 1964
Age Of Building 61
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2996755
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $7,946.54
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces 0

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites None
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $6,650,000
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Listed by: Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
John Norquay Elementary School
Average
0.98 km
Rating 6.6/10
Secondary
Gladstone Secondary School
0.17 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Westside Montessori Academy
1.03 km
No Rating
Elementary, Secondary
Stratford Hall School
1.16 km
Rating 8.7/10

Closest Transit

Translink
Southbound Nanaimo St @ E 22 Ave
0.23 km

2255 E 24TH AVENUE, Vancouver BC V5N 2V3 is serviced by John Norquay Elementary School. The property with listing MLS® R2996755 is located 0.98 km from the school. John Norquay Elementary School has a rating of Rating 6.6/10.

This home with address 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is also serviced by Gladstone Secondary School and located 0.17 km from it. Gladstone Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 is Westside Montessori Academy with School's rating No Rating, located 1.03 km from this home.

The closest to this address 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 Secondary independent school is Stratford Hall School with School's rating Rating 8.7/10, located 1.16 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2996755 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 are Above Average. Property misconduct rating adjacent to MLS® R2996755 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Nanaimo St @ E 22 Ave in 0.23 km away from this listing with - MLS® R2996755.

29.7% of people with university certificate/degree live in this neighbourhood adjacent to the 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 which is Above Average in comparison with other BC neighbourhoods. 21.8% of population in this neighbourhood that is near the Listing MLS® R2996755 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is $72290 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2996755 is $27365 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.2% which is Average.

Unemployment rate in the area around Real Estate Listing # R2996755 is 4.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 Victoria VE where population change between 2011 and 2016 was 0%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is 5452.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2996755 is 68.8% and it is Above Average. % of Married or living common law is around 51.5% and it is Below Average.

Average age of the population close to the 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 is 41.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is $1263529 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2255 E 24TH AVENUE, Vancouver BC V5N 2V3. $1625 owners spent in average for the dwelling. Tenants are paying $1059 in this district close to MLS® R2996755 and it is Average comparing to other cities.

43.1% of Population in this district near the 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is 7.8%, it is Average, % of English speakers only is 79.3% and Below Average. % of French speakers adjacent to 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC is 12.8% and it is High comparing to other BC cities.

33.9% of all population in the area around this property with the address 2255 E 24TH AVENUE, Vancouver BC V5N 2V3, Vancouver, BC using Public Transport which is High, 53.3% of using population are using Cars around MLS® R2996755, which is Low. 7.8% of people using Bicycles around the 2255 E 24TH AVENUE, Vancouver BC V5N 2V3 and it is High. 4% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $6,650,000
Vancouver $2,016,667
Victoria VE No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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